Indian takeaway becomes too expensive

The possibility of employing such talent at a fraction of the cost of more traditional centres such as London, New York, Tokyo and Singapore is an obvious attraction.

However, a Reuters report this week says that salaries of Indian FX dealers are surging. They are predicted to increase by 30% this year, having already doubled in the last 12 to 18-months. Dealers are now said to be earning as much as their colleagues in other Asian centres, such as Singapore and retaining staff is said to be a problem.